UK Coal hits rock bottom

UK COAL went into administration yesterday to save 2,000 mining jobs.

PUBLISHED: PUBLISHED: 00:00, Wed, Jul 10, 2013

0

UK Coal Production have taken over the mines owned by UK Coal who have gone into administration

The company, which was hit by the closure of its largest mine Daw Mill in Warwickshire after a fire in March, said a restructuring of its business under administrators PwC would see its pension scheme taken over by the Pension Protection Fund and its remaining working mines operating under a new firm called UK Coal Production.